Danaher

DHR · NYSE · USD

$214.06+1.09%+$2.30

Close · October 2, 2026

At a glance

Revenue growth: +2.90%; 2025 vs 2024
Net income growth: −7.31%; 2025 vs 2024
Net margin: 14.7%; 2024: 16.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	6,265	5,951	6,838	6,053	5,936	5,741	6,538	5,798	5,743	5,796	6,405	5,624
Cost of revenue	2,608	2,360	2,858	2,530	2,413	2,215	2,648	2,397	2,315	2,284	2,531	2,349
Gross profit	3,657	3,591	3,980	3,523	3,523	3,526	3,890	3,401	3,428	3,512	3,874	3,275
Selling, general and administrative	2,006	1,839	2,026	1,889	1,926	1,856	1,936	1,839	1,869	1,806	1,956	1,727
Research and development	412	387	438	378	403	379	442	383	391	368	407	362
Operating income	1,239	1,365	1,516	1,256	1,194	1,291	1,512	1,179	1,168	1,338	1,511	1,186
EBIT	1,239	1,365	1,516	1,256	1,194	1,291	1,512	1,179	1,168	1,338	1,511	1,186
EBITDA	1,898	1,992	2,139	1,878	1,805	1,882	2,107	1,770	1,748	1,924	2,069	1,719
Interest expense	107	63.0	55.0	67.0	71.0	72.0	61.0	87.0	65.0	65.0	85.0	70.0
Pre-tax income	1,078	1,235	1,373	1,076	655	1,129	1,315	977	1,083	1,271	1,232	1,147
Income tax	208	206	190	168	100	175	229	159	176	183	111	207
Net income	870	1,029	1,197	908	555	954	1,086	818	907	1,088	1,079	1,129
Net income to common shareholders	870	1,029	1,197	908	555	954	1,086	818	907	1,088	1,079	1,129
Basic EPS	1.23	1.45	1.69	1.28	0.77	1.33	1.50	1.13	1.23	1.47	1.46	1.53
Diluted EPS	1.23	1.45	1.68	1.27	0.77	1.32	1.49	1.12	1.22	1.45	1.44	1.51
Average shares (basic)	705	708	707	711	717	716	723	723	738	741	740	739
Average shares (diluted)	708	711	711	714	719	721	728	729	742	749	746	746
Dividend per share	0.40	0.40	0.32	0.32	0.32	0.32	0.27	0.27	0.27	0.27	0.24	0.27